AWGBlog

February 28, 2009

How much is a TRILLION?

Filed under: FYI — Tags: , — AWG @ 9:15 pm

deficit_0108I really don’t believe people can get their mind around a trillion dollars. After all a trillion is a big number, but how big is it?

A trillion is a one followed by twelve zeros – 1,000,000,000,000

There is 6.6 billion people on the planet and some say that’s too many, well a trillion is a million million or a thousand billion. A trillion is big, really big, really, really big number and it’s mind numbing to think of it and our glorious government is burning through money faster then the presses can print it. A trillion is number few people can truly understand, it’s really a number few of will ever need to use in everyday life.

Well many have tried to define a trillion, here are a few examples.

  • $1 trillion was the cost of the entire Federal Budget in 1987.
  • In 2007, Microsoft generated $51 billion in revenue — that’s sales, not profits. To reach a trillion dollars in revenue, we’d need 20 Microsofts.
  • A box that holds a case of copier paper will hold about $72,000 one-dollar bills. It would take 1.4 billion boxes to hold a trillion dollars.
  • It would take 1.8 trillion pennies to fill the Empire State Building.
  • $1 trillion would be enough money to buy about a 1,000 boxes of Girl Scout cookies for every person in the United States.
  • If you spent $1 million an hour, non-stop for 24 hours a day, you wouldn’t run out of money for 411 years.
  • If you took 3.6 trillion one-dollar bills, and placed them end-to-end, that line of bills would reach from Capitol Hill to the sun and then back to Capitol Hill and then back to the sun – and then almost all the way back to Capitol Hill again.
  • That’s one out of every four dollars produced in the U.S. It’s 25 percent of the GDP
  • The country has not existed for a trillion seconds.
  • Western civilization has not been around a trillion seconds.
  • One trillion seconds ago – 31,688 years – Neanderthals stalked the plains of Europe.
  • If you have one dollar bills stacked face to back and laid them on there side, it would circle the globe at the equator 10 times.
  • It’s a $1 million a day since the birth of Christ or the year Zero plus another 737 years to go.
  • U.S. One trillion dollars divided by 300 million Americans comes out to $3,333
  • A tightly-packed stack of new $100 bills totaling $1 million would be about 4 feet high. A billion dollars, 4,000 feet high or equivalent to about three Sears Towers stacked on top of one another. That means a stack of $100 bills totaling $1 trillion would be 789 miles or 144 Mt. Everests stacked on top of one another.
  • To put things in perspective, current estimates put the number of stars in the Milky Way at somewhere between 100 and 400 billion. The U.S. population is slightly over 303 million, and the world population is around 6.6 billion.
  • Another way of looking at it from “Pick Wayne’s Brain

    Let’s start with money. Let’s imagine that you have a fantastic job that pays you one dollar for every second you work. (As you will see, there are people who get paid more than that.) There are 60 seconds in a minute and 60 minutes in an hour. If you were only getting paid for as 40-hour work week for all 52 weeks of the year, you would still be getting paid $7,488,000 in a year. And if you were getting your $1/sec rate for every second of the year, you would take in $31,536,000 for the entire year. At that rate, to earn a trillion dollars, you would have to work more than 31,709 years! And even if they magnanimously paid you $1,000/sec, it would still take you more than 31 years to earn that first $1 Trillion. They say the war in Iraq is costing taxpayers about $2 Billion dollars per week. There are 3,600 seconds in an hour, 24 hours in a day, and 7 days in a week for a total of 604,800 seconds per week. At $2 Billion per week, the Iraq War costs us over $3,000 every second! Can I borrow a couple of bucks for the rent this month?

Are you getting the idea?

A trillion dollars is so large a number that only politicians can use the term in conversation… probably because they
seldom think about what they are really saying. I’ve read that mathematicians do not even use the term trillion!

At some point we’ve got to pay this debt, I’d suggest starting with cutting entitlements.

February 27, 2009

HONK! If you’re paying my mortgage?? My corrected version.

Filed under: FYI,Politics — Tags: , — AWG @ 11:03 am

HONK! If you’re paying my mortgage?? The Tennessee GOP releases a bumper sticker that says just that, BUT I think that is wrong. So I’ve taken the liberty to correct it.

The TNGOP Original

The TNGOP Original

My corrected version of this bumper sticker …

My corrected version.

My corrected version.

With all respect to the TNGOP … I think you got it backwards.

More about it here …
and here …

Obama’s magical math.

Filed under: FYI,Politics — Tags: , , , — AWG @ 10:35 am

I’ve told you that Obama is the great illusionist. Well the magic man Obama is up to his old hat tricks again on his nearly $4 trillion dollar budget, $3.55-$4 trillion depending on how and who adds it up.

The $3.55 trillion budget proposal for 2010 the president unveiled yesterday projects 3.2 percent economic growth next year, thanks to a $787 billion fiscal-stimulus measure he signed into law earlier this month that is aimed at creating jobs and consumer demand.

This is a lot of assuming and assuming results on a $3.55 trillion budget is very, very dangerous and it’s painfully bad business. The Congressional Budget Office project 1.5% for the same period and Obama’s budget projects 3.2% … would you say Obama is being a little to optimistic or just unrealistic?. As stated in a article from Bloomberg News

“Even those projections may be too optimistic: Federal Reserve Chairman Ben S. Bernanke said this week the U.S. is suffering a “severe” contraction, and a government report today may show the economy shrank more than previously forecast in the fourth quarter.”

Obama’s numbers and his budget relies heavily, to heavily on massive economic recovery and unprecedented growth. I mean really is this something to base a plan on, better yet a $3,550,000,000,000.00 budget? Well it is “just words” … “just speeches”.

Others say …

“You can’t spur economic growth on your left hand in this economic environment while on your right hand you’re raising taxes,” said Tim Speiss, a partner in charge of the personal wealth group at Eisner LLP, a New York-based accounting and advisory firm.”

If you listen to Obama, he will not tell you about all the assumptions that he plan relies on without telling you that it is just that an assumption. Obama will, as always talk a good game and rally his base, but talking a good game doesn’t put points on the score board or money in your pocket. Obama is going to raise the following taxes, most of which you will pay either directly or indirectly …

The so- called cap-and-trade system of government-issued permits to pollute will be $646 billion over 10 years, beginning in 2012. This is the energy tax that will be passed on to the taxpayer and end consumer by energy providers and product producers via increased cost.

$175 billion over 10 years by forcing insurance companies to compete for Medicare insurance business under the Medicare Advantage insurance program. Again this is a tax that will be passed on to the end consumer … you. By forcing insurance companies to take less from Medicare, that company will make up the difference in increased premiums.

Per Bloomberg “The bulk of the additional revenue would come from the approximately 2.6 million Americans who currently pay in the top two income tax brackets, which take effect at $164,550 of taxable income for single taxpayers and $200,300 of taxable income for married couples who file joint returns.” That appears to be less than the $250,000.00 Obama keeps telling you about. Just in case you do not know many small businesses file as a household, 1040 form and $200,300.00 is not that much in small business, often the business owner makes less than minimum wage, the rest is reinvested.

“Obama’s proposal would cap the value of deductions for items such as charitable donations, mortgage interest and investment expenses at 28 percent for people in the top brackets, or 30 percent less than they would otherwise receive.” So say goodbye to charitable giving, business investment and high end home sales and building.

Capital gains tax up from 15% to 20% so sell your home now to maximize your profits.

“The budget also proposes $353.5 billion in higher taxes on corporations over the next decade, the bulk of which would come from changing rules that allow U.S.-based multinational corporations such as General Electric Co. to defer U.S. tax on profits they earn overseas. The budget also targets a widely used accounting method known as “last-in, first-out” for a tax increase and would repeal several benefits for oil and gas companies.” Say hello to more increased energy cost, product cost of goods.

“Other policies would extend tax subsidies for the working poor, such as a more generous child tax credit for larger families.” So get out there and breed poor people we don’t have enough people on the government tit already.

Click to Enlarge

Click to Enlarge

More reading here …

Economy Likely Suffered Steeper Contraction Than Initially Thought
It’s Obama spreading panic
$1,000,000,000,000,00 IN TAXES IS HELL TO PAY
Obama budget plan forecasts soaring deficits

February 26, 2009

Brother can you spare a dime … or a trillion?

Filed under: FYI,Politics — Tags: , , — AWG @ 10:27 pm

I don’t know how Obama and congress can call the budget a budget when they clearly don’t know who to manage one. Obama has submitted to congress a monster $3,600,000,000,000.00 wallet busting budget, the largest in history. The 2009 Obama Budget spends $11,833 for every American. Where is the money going to come from? It is projecting a deficits of $1.8 trillion in 2009 and $1.2 trillion in 2010. That’s a deficit, in the hole, IOU, can yo say flat busted broke?

Obama said, “We will, each and every one of us, have to compromise on certain things we care about but which we simply cannot afford right now.”

You know that wasteful spending you do on things like food, house payments, bills, etc. you will have to compromise on those. You will be faced with tough choices like if it is going to be Beef or Chicken flavored Raimen Noodles. Obama claims he going to pay for this massive spending by taxing those evil rich people. Well the facts are those making over $250,000 a year do not pay enough taxes (even at Obama’s higher rate) to offset the increased spending. So that mean Obama will have to lower the bar to those making $150,000, $100,000 or even $50,000 to cover this money/power grab.

Also stuck in the budget is a little thing called cap and trade used to limit and reduce carbon emissions. This charges and fines companies for carbon emissions, you know companies like POWER COMPANIES … and if they are fined just who do you think is going to pay that fine … not them! To top that off thay’ll have to buy carbon credits, at the tune of $526 billion from carbon pollution permits and bet your bottom dollar they’ll pass that cost on to you via your energy bill. It’s for lack of a better word a energy tax that you will pay and if Obama can tax your energy then maybe you will use less is his plan. Behavior control through taxation. Obama said this much in the campaign. This hidden tax is not limited to power companies, all carbon producing companies will have to have this permit and pay the government for them and yet the government will decide what is a exceptable level to produce. Talk about putting a fox in charge of the hen house.

The liberal think tank Center on Budget Priorities and Policy estimated this week that reducing greenhouse gas emissions would cost the poorest families in America $750 per year as higher energy prices ripple through the economy affecting all goods and services.

More on cap and trade here.

He is also increasing capital gains tax from 15% to 20%, I know you’re saying big deal, those taxes are for the rich … wrong! If you sell anything and you make a profit on it, technically that is capital gains.

There is this and so much more and add it all together and you’re going to bring this economy to it’s knees.

Check here for some budget fun facts.

Congressman ED Whitfield (R-KY) my RINO congressman.

Filed under: Politics,Ticked Off,WTF — Tags: , , , — AWG @ 2:21 pm

Congressman ED Whitfield (R-KY) is my congressman, and it would seem he has ventured into the ugly, ugly waters of being a RINO along with 15 other Republicans on their recent vote for H.R. 1105 the Omnibus Appropriations Act for 2009. He and Bono, Brown-Waite, Cao, Capito, Castle, Dent, Emerson, Gerlach, LoBiondo, McHugh, Miller (MI), Murphy, Reichert, Upton and Young (AK) all voted with the Democrats to thrust us further onto debt with a $410 Billion spending bill loaded with over 9000 earmarks. This hot on the heels of the $4 trillion budget Obama in introducing today.

So aside from trying to buy votes why did Whitfield vote for this bill?

Well here is his official press release …

U.S. Representative Ed Whitfield (KY-01) secured more than $360 million in federal funds for projects throughout the First Congressional District which will create new jobs and provide a needed boost to local economies.

“During tough economic times, the money awarded to these projects throughout the First Congressional District will help to revitalize local economies and create new jobs,” Whitfield said. “Federal funding for local projects is absolutely critical to maintaining and growing our local communities. While there are a number of other projects in the First Congressional District I was hopeful would receive funding, I am pleased that so many Kentuckians will benefit from the money our area receives.” (more…)

Obama’s $1,750,000,000,000.00 deficit spending budget.

Filed under: FYI,Politics — Tags: , , — AWG @ 9:56 am

This clown kills me, he is sending Congress a budget Thursday that projects the government’s deficit for this year will soar to $1.75 trillion. The total budget is projected at and I quote …

Senior administration officials would not disclose a precise figure for the entire budget, but said it would likely fall between $3.8 trillion and $4 trillion for the fiscal year beginning Oct. 1.

Between $3.8 trillion and $4 trillion? Let me guess, Obama is going to claim he inherited this one too? That somehow this huge monstrous deficit will be blamed on Bush, anyone want to bet? (UPDATE: He did it, he blamed Bush, he said there was hidden spending … please Obama you were in the Senate!) This is the largest deficit spending as a percentage of the economy since WWII, yet he continues to blame Bush … at some point he has to take ownership of this debt he is running up.

I’m not going to go through this robbery of the American people and the future, but you can read more about it …

Obama’s Budget Projects $1.75 Trillion Deficit
Official: Budget projects $1.75 trillion deficit

I bill hasn’t be fully released yet, I’ll link it when it is. I swear is this another magic trick? He’s making tax dollars disappear faster than any person in history. The main reason he is spending so much so fast is he knows the honeymoon will not last forever and that the America people as a whole will catch on to this one trick pony, he can’t keep passing back the blame forever.

UPDATE: Here it is the Obama-ganda of how we need to spend more money to save money.

The full text of the nearly $4,000,000,000,000.00 “A New Era of Irresponsibility”  budget the largest in history!

February 25, 2009

It’s all about appearances … bursting Obama’s bubbles.

Filed under: FYI,Politics — Tags: , , , — AWG @ 12:35 pm

More tricks from the great illusionist! Have you gone to www.recovery.gov? Have you seen the illusion? Well here it is …

investmentbubble

So what’s the illusion? Look at the size of the bubbles, see how BIG the tax relieve bubble is? See the little asterisk (*) next to it? Ok note everything that includes and does not included in it’s own little bubble, because most of these are tax reliefs that you will never see and will never benefit you. As they are already sliced off the sections already listed … it’s an illusion, it’s only there to be a visual illusion to make you think it’s much bigger than it actually is, it’s just a trick.

Let’s look at what the asterisk means …

* Tax Relief – includes $15 B for Infrastructure and Science, $61 B for Protecting the Vulnerable, $25 B for Education and Training and $22 B for Energy, so total funds are $126 B for Infrastructure and Science, $142 B for Protecting the Vulnerable, $78 B for Education and Training, and $65 B for Energy.

State and Local Fiscal Relief – Prevents state and local cuts to health and education programs and state and local tax increases.

Looks like we need to redo the bubbles …

investmentbubble_truth

See it’s an illusion, it’s not real, it’s flim-flam. It’s set up for you to think “WOW look at all the tax relief for us!! Thanks Obama!!” And the asterisk is written in such circle talk (maybe that’s why they used circles) that it’s difficult to see who gets what.

Quote – “Tax Relief – includes $15 B for Infrastructure and Science, $61 B for Protecting the Vulnerable, $25 B for Education and Training and $22 B for Energy, so total funds are $126 B for Infrastructure and Science, $142 B for Protecting the Vulnerable, $78 B for Education and Training, and $65 B for Energy.”

Ok 15+61+25+22=123 … $123 B how do you get $126 B? And where the hell is the $288B do I subtract the $126 B or the $123 B from the $288 B? If I do I’d get $162 B or is it $165 B and what is that for? Is that the real tax relief is that State and Local Fiscal Relief not listed elsewhere? Is it the State and Local tax relief? What’s left for you? Why $13.00 is your slice of the pie chart. And what is $8B in “OTHER”?? I seem to remember a there is a choo-choo train Dingy Harry Ried wanted that cost what? $8 Billion bucks.

Well it’s BS, you’re getting $13.00 a week starting on April 1, 2009 and that amount starts dropping to $8.00 a week by January 2010. Don’t be fooled by Obama’s charts and graphs you need to read the fine print … you know that stuff the people we are bailing out of their mortgage didn’t read.

And they have put Joe “Plug’s” Biden in charge of this “recovery” … to see what a pure genius this clown is see this post.

$36,000,000,000.00 a day

Filed under: FYI,Politics — Tags: , — AWG @ 11:05 am

While listing to Micheal Steele chairman of the RNC, he stated that Obama has spent since taking office $36 BILLION a day, so grab my calculator, ran some numbers and that seems about right, around $1.2 TRILLION since taking office … at this pace we should all be flat busted by the end of the week.

So let’s break some numbers down …

$36,000,000,000.00 divided by the population 305,891,674 is $117.69 a day for every man, women and child in the US. Everyone in your house needs to send Ears Obama a check for that amount … every day of the year, including Sunday and holidays.

Do you pay that much in taxes everyday? Do you make that much everyday? And this is everyone, even those not working, unemployed, children, retired, old and those moochers taking money.

Well that’s not realistic so let’s just use the number of people filing taxes in 2008 according to the IRS, 135,257,620 filings …

$36,000,000,000.00 divided by the total number of actual tax filings in 2008 135,257,620 is $266.16 per day of the year or $373.65 per workday. That’s per actual taxpayer filling a return, you know those that carry the water and not those that drink the water.

So do you pay that much every single day in taxes? Do you even make that much a day? That’s $97,148.40 per year in taxes paid to the Federal Government.

So how much would you and every taxpayer have to make to pay enough taxes to pay this bill?

Let figure every taxpayer pays at the current big bucks rate of 35% of your gross income with zero deductions.

There is 260 work days per year at 5 days a week, 8 hours a day, so in order to pay enough taxes to cover the $36,000,000,000.00 per day in Obama spending you will need to pay $373.65 in taxes per workday. This is $277,567.00 a year or $133.45 an hour or $1067.60 a day, 5 days a week, 8 hours a day in salary/wages.

I don’t know about you, but I don’t make that much … but keep in mind, this is at the 35% tax rate with zero deductions, under Obama you’ll be going to be taxes at the 39% tax rate he purposed because it’s over $250,000.00

bigtaxesNow this is just Federal Taxes, you still have to pay, state, county, city, sales, gas, phone and about 1000 other taxes too. So if you’re not making $277,567.00 a year you need to ask for a raise right now. The Obama’s spend-a-thon depends on it. So maybe if you are lucky, by the time you finish paying all those taxes you’ll net minimum wage. Maybe.

February 24, 2009

Obama – America invented the automobile.

Filed under: FYI,Politics — Tags: , , — AWG @ 8:58 pm

The big BS Barry speech tonight by Obama was so full of crap I almost couldn’t listen to it … so I was heading outside to grab a smoke and suddenly I heard …

“I believe the nation that invented the automobile cannot walk away from it.” says Obama.

I stopped in my tracks and was like … what? America didn’t invent the automobile. I’m not the President and I know that. According to WikiAnswers …

The earliest known steam-powered car was finished as early as 1769 by French inventor Nicolas Cugnot. But when it comes to vehicles powered by the internal combustion engine, then Carl Benz is given credit for actually building one. Benz championed the new internal-combustion engines, and he worked single-minded to create a car driven by one. He built a little three-wheeled car in 1885 and sold his first one two years later. He went into production with a four-wheeled model in 1890, and the Mercedes-Benz company is still with us. But Benz wasn’t first. The French inventor de Rochas built an auto, and an engine to drive it, in 1862.

Now I ask you will the mainstream media report this error? Will the late night comics make fun of him? Will he get the George Bush treatment? America did not invent the car, they invented the assembly line that mass produced them. So that would make him an idiot … it would if he was George Bush. But no, the media and comics will give him a pass, I’m not.

So if he screws up something this simple … then what else will he screw up? What other facts is he not checking?

For a few more Obama factual problems, Fox News has a fact list of several more important issues here.

PORK YOU!! And the earmarks you rode in on!

Filed under: FYI,Politics — Tags: , , , — AWG @ 11:51 am

Thanks to “hillstfr” for some of this list, I’m adding more as I find them…

All (except for those last minute sneak-ins) of them can be found in the bill if you study it. Just drop down to about page 140 and beyond to see what pork you can find, there is pork all through it, but a lot seems to start around the pg 140 area … leave a comment with your find and I’ll add it to the list … I’ve got REAL work to do … you know the stuff that pays, so I can pay taxes and pay for pork those folks with their hand out.

Here’s a tiny, tiny bit of what I and others have found …

UPDATE: Here is a GOOGLE MAP of the pork-a-thon.

$1,500,000 earmark to study seals
$200,000 for King Crab Research
$250,000 “for deployment of security cameras in 15 different business districts”
$200,000 pork for “Tattoo Removal Violence Prevention Outreach Program”
$75,0000 earmark for “Totally Teen Zone” (What the hell is that?)
$400,000 to “to combat bullying” (combat bullying? Isn’t that a oxymoron somehow?)
$2,000,000 for “for the promotion of astronomy in Hawaii”
$4,400,000 for a “Center for Grape Genetics” & “Center for Advanced Viticulture and Tree Crop Research”
$1,762,000 earmark for “Honey Bee lab”
$200,000 to study “Chronic Wasting Disease” (What the hell is that?)
$480,000 in for “Urban Horticulture”
$94,000 in the Ag bill for a farmers market in Brooklyn NYC
$700,000 to research coral reefs in Hawaii
$100,000 for Maine Lobster research
$95,000 earmark to “combat obesity” (Hey don’t eat pork, problem solved, next ..)
$473,000 for National Council of LaRaza
$5,800,000 earmark for “Ted Kennedy Institute for the Senate… for the planning and design of a building & an endowment”
$215,000 earmark 4 PhD press releases! “Stony Brook U for program to teach scientists how to communicate w/ press”

UPDATE: MORE …

$238,000 to the Polynesian Voyaging Society of Honolulu
$475,000 to “improve and expand” the Italian American Museum in Little Italy.
$4,500,000 for new park development in Manhattan
$950,000 to convert a railroad bridge over the Hudson River into a walkway in Poughkeepsie
$1,700,000 for “Swine Odor and Manure Management Research.”
$24,000 for a sexual abstinence program
$1,100,000 for a renewable energy program at the State University of New York and for Jazz at Lincoln Center

What others are have to say here ….

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